World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments We cannot claim even the slightest expertise in the sugar market, sugar trading or USDA's price support program for sugar. According to what we have read, the sugar program works in ways that typically supports the price of U.S. sugar at levels well above world sugar market prices. Prices are supported by non-recourse loans against which processors put up raw sugar as collateral. The program defends against lower-priced imports through tariff rate quotas and marketing quotas imposed on U.S. processors when imports fall below a certain level. There are no limits on domestic production of cane and beet sugar.The sugar program was to operate at no budgetary cost to the federal government, although that restriction was later...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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